Is a recession coming? How do Indies plan to tackle?
The trade wars, manufacturing slump in Germany does indicate a bigger slowdown. Just wanted to know if any indies are readying for this?
The trade wars, manufacturing slump in Germany does indicate a bigger slowdown. Just wanted to know if any indies are readying for this?
The big one here IMO is to be creating a product people use in their business (daily life) systems that really saves them time(work)/money. The first things that will get cut are non-essentials. So evaluating how sticky your product/service is to that is key. Also be pre-pared to react to a big drop off. Can you reprice, or reduce your offering/price quickly if people start to drop off? Do this on a temporary time basis IF you do it. IE I know times are tough. what if we reduced the pricing by 40% for 6 months.
Brexit, war in Iran...
If our politicians want to plunge our economy into recession, the world can always count on cashcoach.io to make the ends meet.